Chinese Drywall Toxic?

A large banner hangs outside the Davis Islands home of Billy and Stacy Peek, but it's not decorative. It blames their builder for using Chinese drywall.

A large banner hangs outside the Davis Islands home of Billy and Stacy Peek, but it’s not decorative. It blames their builder for using . TAMPA, Fla. — It is a stately home on Davis Islands, but what it’s known for now is a statement.

A banner put up by Davis Islands homeowners saying ruined their $2 million home is “vindictive” and damages the reputation of its builder, Devonshire Properties Inc. Stacy and Billy Peek claim their 7,000-square-foot home was destroyed and …

Stacy and Billy Peek say their $2 million, 7,000-square-foot Davis Islands dream home was ruined by toxic that forced them to leave two years ago. First, there was a strange odor. Then, health problems. “It started out with extreme hair …

The Peeks say they lost hair and people had trouble breathing in the new house on Davis Islands, and an inspector agreed they had Chinese drywall. But, the builder disagrees.

NEW ORLEANS—Insurers don’t have to pay a series of Chinese drywall-related homeowners’ claims, a federal judge ruled, hinging his decision on two policy exclusions.

MIAMI—A federal district court judge in Florida ruled that the liability insurer of a property development group has no duty to provide coverage for property damage or defend for Chinese drywall claims that manifested prior to the issuance of the insurance policy.